Crude oil inventories in the United States saw a large build of 3.5 million barrels during the week ending January 24, according to the U.S. Energy Information Administration. Crude oil prices were trending lower today prior to the release of the U.S. Energy Information Administration, with both the WTI and Brent benchmarks trading down roughly...Continue Reading

Ukraine Drones Hit Second Russian Oil Refinery in Less Than a Week | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 29, 2025, 9:30 AM CST Ukraine early on Tuesday hit with drones an oil refinery near Nizhny Novgorod in western Russia, the General Staff...Continue Reading

Imagining the Future of Energy Storage | OilPrice.com Alan Mammoser Alan Mammoser writes about energy, environment, cities, infrastructure and planning. He writes the weblog, www.warmearth.us More Info Premium Content By Alan Mammoser – Jan 29, 2025, 9:00 AM CST A new report highlights the importance of molecular energy storage (like hydrogen) in addition to batteries...Continue Reading

Europe’s Strictest ESG Funds Hit by Record Outflows | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jan 29, 2025, 8:30 AM CST Poor returns prompted investors to withdraw record amount...Continue Reading

Big Oil Set to Book Lowest Quarterly Profits in Three Years | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jan 29, 2025, 7:00 AM CST The five biggest international oil...Continue Reading

Shell Leads the $1.4-Billion Carbon Credits Market | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jan 29, 2025, 6:00 AM CST As Europe’s major oil and gas firms scaled back...Continue Reading

Lower Wind Generation in Germany Raises European Power Prices | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jan 29, 2025, 4:45 AM CST Germany has been experiencing lower-than-normal winds for...Continue Reading

Oil Prices Remain Under Pressure After NOC Alleviates Libya Supply Fears | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jan 29, 2025, 3:30 AM CST Oil prices remained somewhat depressed today following...Continue Reading

EU Considers Russian Aluminum Ban | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jan 29, 2025, 2:30 AM CST The European Union is considering a gradual ban on imports of aluminum from...Continue Reading

Mexico Proposes Public-Private Power Partnerships | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 29, 2025, 1:28 AM CST Legislators in Mexico have proposed a bill that would enable public-private partnerships in the power generation sector but only if the public portion of the partnership...Continue Reading